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Investor buys California Bay Area apartments in this city’s priciest deal in years

Park Central Apartments in Concord change hands for $98 million
New York-based Abacus Capital acquired the Park Central Apartments in Concord, California, for around $98 million. (CoStar)
New York-based Abacus Capital acquired the Park Central Apartments in Concord, California, for around $98 million. (CoStar)
CoStar News
August 13, 2025 | 8:34 P.M.

A New York investor shelled out nearly $100 million for an apartment complex in the East Bay suburbs of San Francisco, where rents are gradually rebounding after several years of market uncertainty.

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